Increases to CEO Compensation Might Be Put On Hold For Now at Nitiraj Engineers Limited (NSE:NITIRAJ)
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Indian (NIFTY) Electronic Equipment and Instruments Industry Analysis
UpdatedSep 20, 2024
DataAggregated Company Financials
Companies18
- 7D-1.3%
- 3M3.9%
- 1Y42.4%
- YTDn/a
Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 1.3%, driven by Honeywell Automation India declining 3.1%. This takes the industry's 12 month performance to a gain of 42%. Looking forward, earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the Indian Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 20 Sep 2024 | ₹762.7b | ₹76.2b | ₹9.0b | 89.3x | 84.8x | 10x |
| Sun, 18 Aug 2024 | ₹764.4b | ₹76.2b | ₹9.0b | 63x | 84.5x | 10x |
| Tue, 16 Jul 2024 | ₹771.3b | ₹72.8b | ₹8.3b | 66x | 93.4x | 10.6x |
| Thu, 13 Jun 2024 | ₹691.8b | ₹70.9b | ₹8.2b | 67.9x | 84.8x | 9.8x |
| Sat, 11 May 2024 | ₹623.6b | ₹67.3b | ₹11.9b | 44.7x | 52.6x | 9.3x |
| Mon, 08 Apr 2024 | ₹585.4b | ₹66.7b | ₹11.7b | 40.5x | 50x | 8.8x |
| Wed, 06 Mar 2024 | ₹541.4b | ₹66.7b | ₹11.7b | 41.5x | 46.2x | 8.1x |
| Fri, 02 Feb 2024 | ₹558.0b | ₹65.2b | ₹11.8b | 42.6x | 47.2x | 8.6x |
| Sun, 31 Dec 2023 | ₹504.8b | ₹64.6b | ₹11.6b | 43x | 43.5x | 7.8x |
| Tue, 28 Nov 2023 | ₹500.4b | ₹64.6b | ₹11.6b | 33.6x | 43.1x | 7.7x |
| Thu, 26 Oct 2023 | ₹493.1b | ₹59.5b | ₹10.7b | 35x | 45.9x | 8.3x |
| Sat, 23 Sep 2023 | ₹526.5b | ₹59.1b | ₹10.7b | 36.8x | 49.3x | 8.9x |
| Mon, 21 Aug 2023 | ₹501.3b | ₹52.4b | ₹10.4b | 58.1x | 48x | 9.6x |
| Wed, 19 Jul 2023 | ₹499.2b | ₹49.8b | ₹9.8b | 29.2x | 51x | 10x |
| Fri, 16 Jun 2023 | ₹451.7b | ₹49.9b | ₹9.8b | 31x | 46.1x | 9.1x |
| Sun, 14 May 2023 | ₹388.3b | ₹47.7b | ₹5.3b | 28.7x | 73.1x | 8.1x |
| Tue, 11 Apr 2023 | ₹381.4b | ₹46.8b | ₹5.1b | 26.6x | 74.7x | 8.1x |
| Thu, 09 Mar 2023 | ₹375.5b | ₹46.8b | ₹5.1b | 20.9x | 73.5x | 8x |
| Sat, 04 Feb 2023 | ₹403.4b | ₹45.2b | ₹4.9b | 24.2x | 82.1x | 8.9x |
| Mon, 02 Jan 2023 | ₹415.5b | ₹44.6b | ₹4.8b | 23x | 87.1x | 9.3x |
| Wed, 30 Nov 2022 | ₹414.0b | ₹44.6b | ₹4.8b | 23.2x | 86.8x | 9.3x |
| Fri, 28 Oct 2022 | ₹389.2b | ₹43.4b | ₹4.3b | 20.1x | 90.5x | 9x |
| Sun, 25 Sep 2022 | ₹403.3b | ₹43.3b | ₹4.3b | 22.1x | 94.2x | 9.3x |
| Tue, 23 Aug 2022 | ₹416.0b | ₹43.4b | ₹4.3b | 31.5x | 97.2x | 9.6x |
| Thu, 21 Jul 2022 | ₹377.6b | ₹41.4b | ₹4.2b | 31.5x | 89x | 9.1x |
| Sat, 18 Jun 2022 | ₹332.6b | ₹41.3b | ₹4.2b | 27.9x | 79x | 8.1x |
| Mon, 16 May 2022 | ₹344.8b | ₹41.7b | ₹4.6b | 61.7x | 74.3x | 8.3x |
| Wed, 13 Apr 2022 | ₹398.9b | ₹41.1b | ₹4.7b | 49.7x | 85x | 9.7x |
| Fri, 11 Mar 2022 | ₹394.9b | ₹41.1b | ₹4.7b | 41.2x | 84.2x | 9.6x |
| Sun, 06 Feb 2022 | ₹442.4b | ₹41.1b | ₹5.3b | 34.5x | 83.1x | 10.8x |
| Tue, 04 Jan 2022 | ₹418.0b | ₹40.7b | ₹5.5b | 34.4x | 76.4x | 10.3x |
| Thu, 02 Dec 2021 | ₹379.4b | ₹40.7b | ₹5.5b | 25.8x | 69.4x | 9.3x |
| Sat, 30 Oct 2021 | ₹410.6b | ₹40.7b | ₹5.8b | 64.7x | 71.3x | 10.1x |
| Mon, 27 Sep 2021 | ₹430.9b | ₹40.6b | ₹5.7b | 64.7x | 75.1x | 10.6x |
Price to Earnings Ratio
75.1x
Current Industry PE
- Investors are optimistic on the Indian Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 84.8x which is higher than its 3-year average PE of 71.0x.
- The industry is trading close to its 3-year average PS ratio of 9.2x.
Past Earnings Growth
- The earnings for companies in the Electronic Equipment and Instruments industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Electronic Equipment and Instruments compare with similar industries?
| IN Market | -0.71% | |
| Tech | -3.24% | |
| Electronic Equipment and Components | 0.068% | |
| Electronic Equipment and Instruments | -1.34% | |
| Electronic Manufacturing Services | 1.79% | |
| Technology Distributors | 0.042% | |
| Electronic Components | -1.65% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 533339 Zen Technologies | ₹1.68k | 3.7% +₹5.5b | 142.8% | PE96.4x | |
| ASMS Bartronics India | ₹21.45 | 9.0% +₹542.1m | 117.8% | PE359.4x | |
| 522295 Control Print | ₹822.25 | 2.9% +₹369.5m | 11.3% | PE25.4x | |
| KERNEX Kernex Microsystems (India) | ₹846.15 | 0.9% +₹132.4m | 87.9% | PS30x | |
| NITIRAJ Nitiraj Engineers | ₹236.63 | 5.6% +₹128.8m | 123.9% | PE25.5x |